Compare two stocks
EXPD and AFL clearly differ on 2 of 19 forces. The widest gap is market volatility: in weeks when market volatility (the VIX) rose 5 points, EXPD typically moved +0.81% and AFL −0.86%.
| Economic force | EXPDExpeditors International | AFLAflac |
|---|---|---|
| Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points | −0.16%−1.1% to +0.76%Not distinguishable from zero | −0.28%−1.4% to +0.81%Not distinguishable from zero |
| Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points | +0.35%−1.4% to +2.1%Not distinguishable from zero | +0.45%−2.3% to +3.2%Not distinguishable from zero |
| U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2% | −0.08%−1.9% to +1.7%Not distinguishable from zero | +0.18%−1.1% to +1.4%Not distinguishable from zero |
| Oil and energyIn weeks when the price of oil rose 10% | +0.35%−0.24% to +0.94%Not distinguishable from zero | +0.22%−0.33% to +0.77%Not distinguishable from zero |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | −0.77%−3.4% to +1.8%Not distinguishable from zero | +0.16%−1.8% to +2.1%Not distinguishable from zero |
| Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage points | −1.9%−3.9% to +0.09%Not distinguishable from zero | −0.75%−2.7% to +1.2%Not distinguishable from zero |
| Market volatilityIn weeks when market volatility (the VIX) rose 5 pointsClear difference | +0.81%−0.02% to +1.6%Not distinguishable from zero | −0.86%−1.4% to −0.30%Tentative |
| Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points | −0.70%−1.7% to +0.27%Not distinguishable from zero | −0.20%−1.2% to +0.75%Not distinguishable from zero |
| GoldIn weeks when the price of gold rose 5% | −0.90%−1.6% to −0.18%Tentative | −0.62%−1.4% to +0.18%Not distinguishable from zero |
| CopperIn weeks when the price of copper rose 5% | −0.50%−1.0% to +0.03%Not distinguishable from zero | +0.38%−0.07% to +0.83%Not distinguishable from zero |
| Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10% | −0.03%−0.04% to −0.01%Tentative | −0.02%−0.04% to 0.00%Tentative |
| BitcoinIn weeks when the price of bitcoin rose 10% | −0.39%−1.0% to +0.22%Not distinguishable from zero | −0.76%−1.4% to −0.11%Tentative |
| Small vs large companiesIn weeks when small companies beat large ones by 1 percentage point | +0.19%−0.02% to +0.40%Not distinguishable from zero | +0.24%+0.05% to +0.44%Tentative |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage pointClear difference | +0.47%+0.27% to +0.67%Clear | +0.85%+0.68% to +1.0%Clear |
| MomentumIn weeks when recent winners beat the stock market by 1 percentage point | −0.63%−1.0% to −0.27%Tentative | −0.44%−0.62% to −0.26%Clear |
| EuroIn weeks when the euro rose 2% against the U.S. dollar | +3.3%+0.86% to +5.7%Tentative | +0.62%−1.5% to +2.7%Not distinguishable from zero |
| Japanese yenIn weeks when the yen rose 2% against the U.S. dollar | +0.78%−0.20% to +1.8%Not distinguishable from zero | +0.04%−0.66% to +0.73%Not distinguishable from zero |
| Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage point | −0.08%−0.37% to +0.21%Not distinguishable from zero | −0.23%−0.51% to +0.05%Not distinguishable from zero |
| ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage point | +0.06%−0.13% to +0.25%Not distinguishable from zero | +0.34%+0.24% to +0.44%Clear |
Each figure is the stock's typical move in a week when the force moved by the stated amount, after accounting for the stock market, with its 90% range beneath. Grey figures could not be told apart from zero. A row is marked a clear difference only when the two 90% ranges do not overlap.
This describes the past, and it is not a forecast. Relationships change, and nothing here is a recommendation to buy, sell or hold any security.